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Towards net zero: mandatory corporate climate-related financial disclosures

Subject to Parliamentary approval, the new rules will come into force in respect of financial periods starting on or after 6 April 2022.

How to manage IP contracts effectively

Whilst the natural impulse after a lengthy negotiation is to put the contract away and never think of it again, it is really useful to prepare a summary of its core features while they are still fresh.

Cayman Islands Funds and Regulatory Update: Q3 2021 (English) Cayman Islands Funds Area Update: Q3 2021

We are also pleased to report that Ogier recently received the recognition of Best Offshore Law Firm at this year's Hedgeweek Americas Awards for the second year in a row.

EU regulators ease reporting demands in MiFID 2 "Quick Fix" Directive

From a high-level perspective, the changes are focused on reducing the administrative burden on affected firms with operations in the EU, including exemptions from ex ante cost and charges reporting plus some product governance requirements.

IHS Markit's Compliance Solutions for Crypto Providers

Regulators and supervisory agencies are responding by updating current rules and proposing new ones.

CRD6 could shut out cross-border financial services into the EU

In any case, it seems that the proposals would end national cross-border licences and exemptions which enable cross-border services into EU Member States.

FCA acts to help investors make more informed ESG investment decisions

The FCA is committed to helping investors put environmental, social and governance (ESG) matters at the heart of their investment decisions.

Regulatory grid gives insight into future UK financial services policy

Details of the initiatives that UK authorities active in the financial services sector will work on in the next 24 months were outlined in an updated regulatory grid.

EU Commission designates replacement rates for CHF LIBOR and EONIA

The CHF LIBOR is the rate of interest at which large multinational banks access the wholesale, unsecured funding market to fund themselves in Swiss francs.

Definitions of “Benefit” - Jersey’s Royal Court offers Useful Guidance on Trusts and Non-Financial Benefits

The Court confirmed in this regard that the interpretation of “benefit” applies equally to an application to vary a trust as it does to an appointment of income or capital.

The ICO issues its response to the UK Government's proposals to reform the UK GDPR

While the ICO maintains that it supports the UK Government's review of the country’s data protection rules and the purpose behind that review, it raises many concerns about the proposals put forward by the Government.

The Without Prejudice Rule – When does it apply?

The policy considerations underlying the rule are that parties should be encouraged to settle their disputes out of court and should not be deterred by fear that their settlement negotiations might be used against them in future proceedings.

Implementation Automatic Exchange of Information(AEOI) Reporting – things to consider

What many members of industry have since found, especially those members who perform reporting across multiple jurisdictions, is that reporting is in fact not wholly standardized.

Updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers

The FATF standards require countries to assess and mitigate their risks associated with virtual asset financial activities and providers; license or register providers and subject them to supervision or monitoring by competent national authorities.

Financial Crime in Latin America and the Caribbean: Understanding Country Challenges and Designing Effective Technical Responses

The 300-page report provides a country-by-country overview of the scope of financial crimes and main threats facing individual countries.

UAE intensifies efforts to combat money laundering and terrorism financing crimes, and strengthen deterrent penalties for perpetrators

The legal authority and powers given to these organisations are part of supportive measures aimed at helping them detect crimes and its perpetrators without prejudice to the legislation in force.

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